Kreon Finnancial Services Ltd — Results, 16-05-2025: Result

Kreon Financial Services Ltd has announced a board meeting to consider the financial results for the quarter and half-year. The company reported a total income of Rs. 842.19 lakh in Q4 FY25, up from Rs. 491.39 lakh in Q4 FY24, driven by higher fees and commission income. However, it posted a loss of Rs. 78.84 lakh for the quarter and Rs. 414.14 lakh for the year. Bad debts and provisions significantly increased, impacting profitability. Total assets rose to Rs. 66.22 Cr from Rs. 63.38 Cr, while borrowings increased to Rs. 31.66 Cr. Cash and bank balances dropped to Rs. 1.18 Cr. Investors should note the rising credit costs amid top-line growth.